Ginnie Revises Financial Requirements for Manufactured Housing Lenders February 29, 2024 Monica Hogan Ginnie Mae's revisions come one day after the FHA raised the maximum loan limit for Title 1 loans on manufactured housing.Read More
Short Takes: Government Servicing Effort at MISMO / Housing Activity Slows / How Do Escrows Work? / Ratings for RTL Securitization / Publishing Break February 16, 2024 Brandon Ivey FHA, VA, Ginnie Mae and USDA are working with MISMO on a new servicing dataset.Read More
Ginnie MBS Issuance Flat in January February 8, 2024 Brandon Ivey Refis accounted for 15.0% of Ginnie issuance in January compared with a 14.7% share the previous month.Read More
Banco Popular Stocking FHA Production in Portfolio February 8, 2024 Monica Hogan The vast majority of FHA originations end up in Ginnie Mae mortgage-backed securities.Read More
Short Takes: Ginnie Considers New HECM MBS Product / Agreement in Congress on LIHTC / First American to Take a Hit / New Leader at NAAHL January 16, 2024 Brandon Ivey The new Ginnie product would relieve pressure for reverse mortgage lenders.Read More
Ginnie Issuance Volume Declines in Fourth Quarter January 9, 2024 Brandon Ivey Issuance declined by 16.7% on a quarterly basis in the fourth quarter, with the VA losing market share.Read More
Ginnie Grapples With RMF’s Reverse Mortgage Portfolio January 5, 2024 Paul Muolo It stands to reason that Ginnie would want to sell the HECMs it seized from Reverse Mortgage Funding.Read More
Ginnie MBS Issuance Slows in November December 21, 2023 Monica Hogan Both FHA and VA issuance volume declined in November, with VA activity posting the larger fall.Read More
Ginnie’s Assets, Liabilities Jump With RMF Takeover December 20, 2023 Monica Hogan Total Ginnie assets stood at $60.2 billion as of the end of September, up from $39.5 billion a year earlier. And liabilities increased from $9.7 billion to $29.4 billion.Read More
Agency Servicing Volume Tops $9.0 Trillion in Third Quarter December 15, 2023 John Bancroft Ginnie continued to set the pace as its single-family servicing grew by 2.4% in the third quarter.Read More
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